Update on KELER Service Development Program Go Live

UniCredit Bank Hungary Zrt.
Summary: 
KELER has announced the point of no return for the KSDP launch
Sat, 04/12/2021

With reference to our previous newsflashes on the KSDP (KELER Service Development Program), we would like to inform our clients that, after concluding regular end of day duties and completing its preparation, KELER has officially announced the start of the transition to the new settlement system which is the point of no return. From this point forward, until the go-live on Monday morning, KELER will not stop the go live procedures.

We will keep you informed about further developments as they occur.

Impact on investors: KELER is now proceeding with its transition to a new settlement system. Investors and intermediaries are required to align with the new settlement procedures from 6th of December, 2021